Credit Report - Fraud Prevention Tool

TVS Credit Report

TVS Credit Report allows you to:

  • help identify the Prospective Tenant. i.e. verifies name, date of birth;
  • validates the SSN that also identifies the Applicant;
  • in most instances, lists current and previous addresses;
  • No credit history = a red flag;
  • get a Vantage Score: The Credit Bureaus provide a risk assessment based on previous credit history. The score recommended for the Residential Rental Industry is 650, a score above 650 is usually indicative of a good credit history. A score below 650 generally indicates that there is a credit risk associated to this Consumer; the credit history in this instance (below 650) would likely show payment problems. The higher the score the better. This is a guide that most financial institutions use.

The Credit report saves you time, money and guess work. It is a fraud prevention tool that also reduces risk of income loss.

Tenant screening should always include a credit report, it is an inexpensive way of choosing a low risk tenant that will maintain profitability for your landlord business.

© 2014 Tenant Verification Service, Inc.